Mortgage Enterprise, Ltd. Mortgage Lending & HMDA Data, 2011
In 2011, Mortgage Enterprise, Ltd. of Uniondale, NY reported 377 mortgage applications totaling $127.8 million, down 27% from 2010. The average application was for $338,949, and applicants reported an average income of $103,371. 38% of its applications resulted in an originated loan and 21% were denied. Its largest markets were New York-White Plains-Wayne, NY-NJ (217), Nassau-Suffolk, NY (138) and Albany-Schenectady-Troy, NY (5) (applications in parentheses).
| Mortgage Company & Address | Mortgage Enterprise, Ltd. 776 Rxr Plaza, 7 West Uniondale, NY 11556 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 377 |
| Total Mortgage Loan Application Amount | $127,784,000 |
| Average Mortgage Loan Application Amount | $338,949 |
| Highest Mortgage Loan Application Amount | $1,155,000 |
| Average Applicant Income | $103,371 |
| Highest Applicant Income | $780,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Mortgage Enterprise, Ltd. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Queens, New York | 88 | $ 30,047,000 | $ 341,443 | $ 95,000 |
| Nassau, New York | 87 | $ 29,153,000 | $ 335,091 | $ 123,000 |
| Kings, New York | 84 | $ 33,305,000 | $ 396,488 | $ 102,000 |
| Suffolk, New York | 51 | $ 16,171,000 | $ 317,078 | $ 93,000 |
| Bronx, New York | 15 | $ 5,898,000 | $ 393,200 | $ 94,000 |
| Westchester, New York | 12 | $ 3,139,000 | $ 261,583 | $ 96,000 |
| Richmond, New York | 8 | $ 2,196,000 | $ 274,500 | $ 76,000 |
| Dutchess, New York | 3 | $ 1,119,000 | $ 373,000 | $ 94,000 |
| New York, New York | 3 | $ 684,000 | $ 228,000 | $ 213,000 |
| Rockland, New York | 3 | $ 1,015,000 | $ 338,333 | $ 108,000 |
| Bergen, New Jersey | 2 | $ 558,000 | $ 279,000 | $ 104,000 |
| Middlesex, New Jersey | 2 | $ 572,000 | $ 286,000 | $ 73,000 |
| Albany, New York | 2 | $ 451,000 | $ 225,500 | $ 82,000 |
| Putnam, New York | 2 | $ 633,000 | $ 316,500 | $ 109,000 |
| Saratoga, New York | 2 | $ 318,000 | $ 159,000 | $ 99,000 |
| Washington, New York | 2 | $ 273,000 | $ 136,500 | $ 99,000 |
| Essex, New Jersey | 1 | $ 53,000 | $ 53,000 | $ 48,000 |
| Sussex, New Jersey | 1 | $ 279,000 | $ 279,000 | $ 91,000 |
| Union, New Jersey | 1 | $ 133,000 | $ 133,000 | $ 40,000 |
| Broome, New York | 1 | $ 60,000 | $ 60,000 | $ 89,000 |
| Jefferson, New York | 1 | $ 300,000 | $ 300,000 | $ 108,000 |
| Madison, New York | 1 | $ 293,000 | $ 293,000 | $ 183,000 |
| Monroe, New York | 1 | $ 218,000 | $ 218,000 | $ 56,000 |
| Onondaga, New York | 1 | $ 149,000 | $ 149,000 | $ 27,000 |
| Orange, New York | 1 | $ 277,000 | $ 277,000 | $ 146,000 |
| Rensselaer, New York | 1 | $ 260,000 | $ 260,000 | $ 75,000 |
Mortgage Loan Application Detail Totals for Mortgage Enterprise, Ltd. in 2011
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Home Purchase | 226 | $77,212,000 | $341,000 | $1,155,000 | $91,000 | $531,000 |
| Refinancing | 150 | $50,104,000 | $334,000 | $963,000 | $122,000 | $780,000 |
| Home Improvement | 1 | $468,000 | $468,000 | $468,000 | $105,000 | $105,000 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 122 | $39,678,000 | $325,000 | $1,155,000 | $121,000 | $747,000 |
| Black or African American | 121 | $41,489,000 | $342,000 | $633,000 | $83,000 | $227,000 |
| Not Provided | 47 | $15,586,000 | $331,000 | $677,000 | $112,000 | $780,000 |
| Asian | 47 | $17,261,000 | $367,000 | $729,000 | $108,000 | $677,000 |
| Hispanic | 38 | $13,040,000 | $343,000 | $724,000 | $93,000 | $210,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $730,000 | $365,000 | $590,000 | $81,000 | $108,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| FHA-insured (Federal Housing Administration) | 222 | $79,967,000 | $360,000 | $707,000 | $90,000 | $307,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 155 | $47,817,000 | $308,000 | $1,155,000 | $122,000 | $780,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 144 | $48,190,000 | $334,000 | $724,000 | $101,000 | $677,000 |
| Application Withdrawn By Applicant | 142 | $46,962,000 | $330,000 | $729,000 | $102,000 | $780,000 |
| Application Denied By Financial Institution | 79 | $27,836,000 | $352,000 | $1,155,000 | $111,000 | $747,000 |
| Application Approved But Not Accepted | 10 | $4,130,000 | $413,000 | $589,000 | $91,000 | $153,000 |
| File Closed For Incompleteness | 2 | $666,000 | $333,000 | $488,000 | $74,000 | $91,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Credit Application Incomplete | 38 | $14,298,000 | $376,000 | $1,155,000 | $109,000 | $531,000 |
| Credit History | 10 | $3,182,000 | $318,000 | $590,000 | $81,000 | $115,000 |
| Debt-To-Income Ratio | 8 | $2,372,000 | $296,000 | $608,000 | $68,000 | $104,000 |
| Other | 8 | $2,190,000 | $273,000 | $422,000 | $72,000 | $102,000 |
| Collateral | 6 | $2,203,000 | $367,000 | $538,000 | $95,000 | $129,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $575,000 | $191,000 | $255,000 | $116,000 | $170,000 |
| Unverifiable Information | 2 | $996,000 | $498,000 | $625,000 | $160,000 | $200,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Mortgage Enterprise, Ltd.'s 2011 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Mortgage Enterprise, Ltd.'s mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in New York, download the full spreadsheet
with aggregated HMDA statistics today.
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